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To cover Medicaid funding gap left by Congress, Iowa House passes bill to raise tax on HMOs; Democrats warn health insurance premiums will spike

The Iowa House passed a bill Thursday retroactively raising the premium tax rate for health maintenance organizations (HMOs) to make up for a Medicaid budget shortfall — a move Democrats and insurers said would raise healthcare costs for all Iowans, but Republicans argued was needed to draw down federal funding. HF 2739, approved on a […]

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